Today's Business Headlines: 07/31/24
Venu Sports, the streaming service formed by Fox, Disney and Warner Bros Discovery , will be priced at $42.99 when it launches in the fall, the company said Thursday.
It’s “a single destination for watching many of the most sought-after games and events,” Venu CEO Pete Distad said in a statement.The service will include marquee events like NBA Finals, the World Series, the Stanley Cup finals, the College Football Playoffs, March Madness, parts of golf’s Masters Tournament, tennis’ grand slam events and two of the next three Super Bowls. It will offer on-demand programs from ESPN+ and the other sports networks’ archives.
Still, Venu is significantly cheaper than cable’s cost of more than $100 a month or the $73 a month for a YouTube TV subscription, though both of those options offer sports programming from NBC and CBS that carry prized NFL games.Venu will have a seven-day free trial when it launches. Customers who sign up at the initial price point will be able to continue streaming for 12 months at that price.
“We’re building Venu from the ground up for fans who want seamless access to watch the sports they love, and we will launch at a compelling price point that will appeal to the cord cutter and cord never fans currently not served by existing pay TV packages,” Distad said.
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